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Non-Tech : 100% + Gain, in 72 Hours or Less

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To: Instock who wrote (369)1/4/1998 8:46:00 PM
From: Ken W  Read Replies (1) of 1488
 
Instock,

I've been mostly long...but have always longed for shorter trades. FRES was only my second daytrade in my long history of 1 year..I will try anything once. Long, Short, warrants but no BB's and no options. I hate being forced by a time limit.

MCTL..Telecom electronic mfg. co. Reverse merger with a larger private co. (XIT) very profitable. Sound familiar (LUNN/ATPX) anyway with the new telecom bill coming into effect this co. is supposed to be in position to make alot of the new equipment that the larger Telecom co's will need to switch into each others systems. The management of XIT are former big guys with ATT, ITT etc. and are turning MCTL around. Rumor is eps will either break even or surprize the next reporting period which is due soon. No institutions hold the stock. Still looks like a momentum plat to me. Did NCTI for double in 3 days 3/4 to 1.50, They did not have a reason either.

Ken W
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